Aleris layoffs, on the record
Every job cut, severance charge and restructuring Aleris reported in its annual reports, 2017 to 2019, quoted from the filings. Headcount went from approximately 5,400 to approximately 5,600.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2017 | approximately 5,400 | As of December 31, 2017 |
| 10-K for 2018 | approximately 5,500 | December 31, 2018 |
| 10-K for 2019 | approximately 5,600 | As of December 31, 2019 |
Job cuts, severance and restructuring
Our summaryRecorded 2017 restructuring charges of $2.9 million, including $1.3 million for severance and other termination benefits tied to personnel reductions.
Word for word“2017 Restructuring During the year ended December 31, 2017 , we recorded restructuring charges of $2.9 in the Consolidated Statements of Operations.” 10-K for 2017
Our summaryRecorded 2016 restructuring charges of $1.5 million, primarily for exit and environmental remediation costs of closed facilities.
Word for word“During the year ended December 31, 2016 , we recorded restructuring charges of $1.5 in the Consolidated Statements of Operations.” 10-K for 2017
Our summaryRecorded 2015 restructuring charges that included severance and other termination benefits for personnel reductions across Europe, North America and corporate locations.
Word for word“During the year ended December 31, 2015 , we recorded restructuring charges of $10.5 , including $0.1 that have been reclassified to “ Income (loss) from discontinued operations, net of tax ” in the Consolidated Statements of Operations.” 10-K for 2017
Our summaryRecorded 2018 restructuring charges of $4.8 million, mainly exit and environmental remediation costs for closed facilities in the North America segment, with the rest for severance and other termination benefits.
Word for word“2018 Restructuring During the year ended December 31, 2018 , we recorded restructuring charges of $4.8 in the Consolidated Statements of Operations.” 10-K for 2018
Our summaryRecorded 2017 restructuring charges of $2.9 million, including $1.3 million of severance and other termination benefits tied to personnel reductions.
Word for word“The charges also included $1.3 related to severance and other termination benefits associated with personnel reductions.” 10-K for 2018
Our summaryThe company recorded restructuring charges in 2019, mostly for exit and environmental cleanup costs of closed facilities, with the rest for severance and other termination benefits.
Word for word“During the year ended December 31, 2019 , we recorded restructuring charges of $4.6 in the Consolidated Statements of Operations.” 10-K for 2019
| Fiscal year ended | Restructuring charges |
|---|---|
| 2016-12-31 | $1.5 million |
| 2017-12-31 | $2.9 million |
| 2018-12-31 | $4.8 million |
| 2019-12-31 | $4.6 million |
Aleris has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Aleris’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-03-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.